Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do.
There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Tuesday, 7 July 1970

SAMPLE OBJECTIVE-5

5.  PRODUCTION OBJECTIVES :
a)  Reduce frequency of lost time injuries from 21 to 6 million man hours within 6 months of installation of new safety awareness program.
b)  Maintain overtime hours at the level of 5 percent of scheduled hours while completing emergency work program A.
c) Reduce cost of pump and engine repairs from $10,000 to $5,000 per year per mechanic.
d)  Maintain a once-a-day contact with all subordinates at their work stations and hold a once-a-month work appraisal meeting in office with all subordinates.
e)  Complete construction of 5,000 sq. ft. 2-story approved addition to existing plan within cost of $45,000 by spring of next year.
f) Master ten techniques in work simplification as related to machine shop operations through a 6-month by monthly cost reduction meeting for machines shop supervisors.
g)  Reduce clerical labour costs in 3 departments by $50,000 with the installation of a data-processing system whose leasing and operational costs are not to exceed 50% of the projected savings.
h)  Reduce weld rejects of Hy-80 steels from 6% to 3% of all plates in assembly S.
i) Maintain total heat losses at 5% of total heat transferred when changing from system A to system B.
j) Deliver 16 units per day for less than $45.00 unit cost to shipping point B.
k)Reduce inventory lead time from 3 weeks to 2 weeks while maintaining customer services.
l) Reduce obsolete items and all adjustments to inventory to 6% of commercial sales dollars.
m)Complete master schedule of sales and inventories for fiscal year 19xx to reduce stock –out frequency rate to 2½.
n)  Complete by next year a vendor rating system to maintain price, delivery, and reliability at or below an index established for the past 5-year record.
o)  Achieve for the machine shop a process layout by 19xx to reduce material-handling costs to 22% of manufactured costs.

 Hemen Parekh

No comments:

Post a Comment